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As a reward, you can earn newly created bitcoins. Most bitcoin mining software is free and runs on all of ... types of mining hardware, including application-specific integrated circuits (ASICs ...

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Bitcoin mining requires substantial hardware and software. Miners need a graphics processing unit (GPU) or an application-specific integrated circuit (ASIC). Per professional style standards ...

called Application-Specific Integrated Circuit (ASIC) miners, equipped with specialized chips for faster and more efficient Bitcoin mining. They cost anywhere from several hundred to tens of ...